BITCOIN ENDOWMENT FUND

Update! — Our Brian Cartmell will match the next 500 BTC in donations (as long as they are made by the end of 2013).

While the Lifeboat Foundation was founded in the 21st century, until recently it was mainly funded using 20th century money, basically various types of monies backed by governments. Thanks to the encouragement of some of our larger donors we are now working to have the majority of our funding come from 21st century money — money backed not by governments but by algorithms. The 21st century money Lifeboat is currently focused on is bitcoins.

Historically government backed money has done a poor job in holding its value. For example, the U.S. dollar has lost over 96% of its value since it was first issued. Many promote the idea of trading rocks (gold and silver) instead but this Bronze Age idea has various drawbacks including portability when local governments decide to confiscate it. As a futuristic organization, we should be promoting 21st century money and now we are!

Lifeboat Foundation has a long-term goal to create a futuristic endowment fund based on bitcoins. Any bitcoins donated anywhere on the Lifeboat site will be added to this fund. Any non bitcoin donations made on this page will be used to either buy bitcoins or bitcoin mining equipment.

Check the current Bitcoin value! Investigate bitcoin mining options. Learn about the Bitcoin Foundation. Read Bitcoin Magazine. Learn about the potential of bitcoins.

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